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Starbucks 3000 E Main St 2,308 SF Retail Building Madisonville, TX 77864 $2,795,000 ($1,211.01/SF) 5.80% Cap Rate
Investment Highlights
- 2025 Construction. 2,308+/- SF Building On 0.875+/- Acre Site
- Rare Self-Maintaining Lease – Starbucks Handles All Day-to-Day Maintenance
- Across the Street from a Top 5 Ranked Buc-ee’s (6.5 Million Visitors/Year)
- TXDOT Signage at Exit 142 on I-45 North & Southbound & 100’ Pylon Signage w/ Visibility from I-45 North & Southbound
- Excellent Highway Location Located Directly off Interstate 45 (42,850+ VPD), on Hwy 21/Main St (12,780+ VPD)
- Madisonville | Halfway Between Houston & Dallas & 40 Miles from College Station | Population: 13,944+
Executive Summary
10-Year Corporate Net Lease w/ 10% Rent Increases Every 5 Years, in Primary Term & Options, w/ (4) 5-Year Option Periods
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,308 SF
Building Class
C
Year Built
2000
Price
$2,795,000
Price Per SF
$1,211.01
Cap Rate
5.80%
NOI
$162,150
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.88 AC
Frontage
134’ on East Main Street
Amenities
- Drive Thru
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 36503 | Improvements Assessment | $220,000 |
| Land Assessment | $395,240 | Total Assessment | $615,240 |
Property Taxes
Parcel Number
36503
Land Assessment
$395,240
Improvements Assessment
$220,000
Total Assessment
$615,240
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Starbucks | 3000 E Main St
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